Investors plan 10mw solar plant in Kayonza
2
Investors plan 10mw solar plant in Kayonza State Minister for Energy and Water Emma Francoise Isumbingabo ( L), and EWSA chief Ntare Karitanyi, sign the agreements between the government and the investors yesterday. Timothy Kisambira. A new solar power plant in Kayonza District is to add 10 megawatts to the national electricity grid in the next 21 months, the government and the investors announced yesterday. The plant will be built and managed by Goldsol II, a consortium between TMM Renewables, a South Africa-based company, Gesto Energy Africa based in Malta and 3E Power Solar, a local firm. Construction will cost about $30 million (about Rwf20 billion), and electricity production will begin 21 months from now, according to agreements government signed with the investors yesterday. Conducive climate “We are encouraged by the Government of Rwanda through its economic, privatisation and energy development policy that encourages and supports private initiatives and investments in the construction and development of electricity generating plants,” Nuno Nóbrega, the managing director of TMM Renewables, said. “The GoldSol consortium has a track record of investments in Africa that exceeds $800 million. We need to commission this project as soon as possible so we can focus on additional renewable energy projects in Rwanda.” In December 2013, the government announced that GoldSol II had won a tender for the 10 megawatt solar plant, and by signing the agreement yesterday, both parties (government and the investors) agreed to push for the realisation of the plant within the specified deadline in order to compliment energy production by the Water, Energy and Water Sanitation Authority The New Times Rwanda: :: Investors plan 10mw solar plant in Kayonza http://www.newtimes.co.rw/news/views/article_print.php?i=15724&a... 1 de 2 16-05-2014 11:51
-
Upload
gesto-energy-consulting -
Category
Documents
-
view
218 -
download
1
description
The plant will be built and managed by Goldsol II, a consortium between TMM Renewables, a South Africa-based company, Gesto Energy Africa based in Malta and 3E Power Solar, a local firm.
Transcript of Investors plan 10mw solar plant in Kayonza
Investors plan 10mw solar plant in Kayonza
State Minister for Energy and Water Emma Francoise Isumbingabo ( L), and EWSA chiefNtare Karitanyi, sign the agreements between the government and the investors yesterday.Timothy Kisambira.
A new solar power plant in Kayonza District is to add 10 megawatts to the national electricitygrid in the next 21 months, the government and the investors announced yesterday.
The plant will be built and managed by Goldsol II, a consortium between TMM Renewables, aSouth Africa-based company, Gesto Energy Africa based in Malta and 3E Power Solar, a localfirm.
Construction will cost about $30 million (about Rwf20 billion), and electricity production willbegin 21 months from now, according to agreements government signed with the investorsyesterday.
Conducive climate
“We are encouraged by the Government of Rwanda through its economic, privatisation andenergy development policy that encourages and supports private initiatives and investments inthe construction and development of electricity generating plants,” Nuno Nóbrega, themanaging director of TMM Renewables, said.
“The GoldSol consortium has a track record of investments in Africa that exceeds $800million. We need to commission this project as soon as possible so we can focus on additionalrenewable energy projects in Rwanda.”
In December 2013, the government announced that GoldSol II had won a tender for the 10megawatt solar plant, and by signing the agreement yesterday, both parties (government andthe investors) agreed to push for the realisation of the plant within the specified deadline inorder to compliment energy production by the Water, Energy and Water Sanitation Authority
The New Times Rwanda: :: Investors plan 10mw solar plant in Kayonza http://www.newtimes.co.rw/news/views/article_print.php?i=15724&a...
1 de 2 16-05-2014 11:51
(EWSA).
“As per the agreement, EWSA will be buying electricity from Goldsol at a cost of Rwf120 perkilowatt/hour. We are pushing for more green energy projects such as solar, hydro andgeothermal. We are looking forward to this project and the government encourages moreinvestors in large or micro projects,” Ntare Karitanyi, the Director General of EWSA, said.
“This is going to be possibly the largest solar power plant in East Africa. Ten megawatts aresubstantial and it is strategic that the plant will be constructed in Eastern Province, whichcurrently has a low supply of electricity.”
The Kayonza plant is the second large-scale solar plant after another 8.5 megawatt which isunder construction in Rwamagana District, Eastern Province, by a joint investment of DutchScatec Solar and Norwegian Gigawatt Global Coöperatief.
“Access to energy brings various benefits at a relatively lower cost. For example, as ruralhouseholds across Rwanda start using solar powered lights instead of kerosene lamps, we see anumber of socio-economic, health and environment benefits,” Emma Francoise Isumbingabo,the state minister for energy and water said after the signing.
The government is eager to invest more steadily in renewable energy, and has set an objectiveto increase power production by five-fold from 120 megawatts to 563 megawatts by 2017.
Ongoing power projects include a combined 200 megawatts from methane gas and peat, aswell as the development of nine micro hydropower plants.
Hydropower accounts for 59 per cent of the electricity produced in Rwanda while the rest isfrom fossil fuels.
The New Times Rwanda: :: Investors plan 10mw solar plant in Kayonza http://www.newtimes.co.rw/news/views/article_print.php?i=15724&a...
2 de 2 16-05-2014 11:51
